Home / News / Crops news / Higher farm markets seen for Tuesday

Higher farm markets seen for Tuesday

09/24/2013 @ 7:41am

On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start higher.


The early calls for the commodities on Tuesday, September 24, 2013, are higher. Corn is seen opening 1 to 2 cents higher, soybeans 8 to 10 cents higher, and wheat 1 to 2 cents higher.


In overnight trading, the Dec. corn futures traded 1/4 of a cent higher at $4.53 per bushel. The Nov. soybean futures traded 13 cents higher at $13.21. The Dec. wheat futures contract traded 3/4 of a cent higher  at $6.54. For Dec. soybean meal futures, the contract traded $5.80 per short ton higher at $415.00; Dec. soybean oil futures traded $0.01 higher at $42.25.


The outside markets are unfavorable for Tuesday's grain trade. The real factors driving the calls will be the higher overnight markets.


JOIN US: The Successful Farming Marketing Academy.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Outlook: Harvest Weather Seen Favorable… By: 09/19/2014 @ 11:47am At least one thing is clear. The Midwest frost threat is no longer a worry, through early October…

Soybeans, Wheat Drop Double-Digits By: 09/19/2014 @ 8:38am DES MOINES, iowa (Agriculture.com)—Big yields, favorable weather, held the CME Group’s corn…

All Farm Markets Seen Weaker Friday By: 09/19/2014 @ 7:31am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Improving Soil Health